Argentina Primary Consumer Sentiment Index - September 2016

The monthly PCSI result is driven by the aggregation of the four, weighted, sub-Indices:  the PCSI Employment Confidence (“Jobs”) Sub- Index which is down 4.8 points; the PCSI Economic Expectations (“Expectations”) Sub-Index which is down 0.4 points; the PCSI Investment Climate (“Investment”) Sub-Index which is down 1.2 points; and the PCSI Current Personal Financial Conditions (“Current Conditions”) Sub-Index which is down 2 percentage points over last month.

The Argentina Primary Consumer Sentiment (“Consumer Confidence”) Index (“PCSI”) as measured by the Thomson Reuters/Ipsos PCSI for September,2016 is down 2.3 percentage points over last month. The monthly PCSI result is driven by the aggregation of the four, weighted, sub-Indices noted below.

• “Current Conditions” = perceived current personal financial conditions. The Argentina PCSI Current Personal Financial Conditions (“Current Conditions”) Sub-Index for September 2016 is down 2 percentage points over last month.
• “Expectations” = perceived Economic Expectations combining both personal and community economic outlook. The Argentina PCSI Economic Expectations (“Expectations”) Sub-Index for September 2016 is down 0.4 percentage points over last month.
• “Investment” = perceived investment climate. The Argentina PCSI Investment Climate (“Investment”) Sub-Index for September 2016 is down 1.2 percentage points over last month.
• “Jobs” = current job security, outlook on job security and retrospective on job security. The Argentina PCSI Employment Confidence (“Jobs”) Sub-Index for September 2016 is down 4.8 percentage points over last month.

These are findings of an Ipsos online poll conducted August 26 to September 9, 2016. For this survey, a national sample of 500 adults aged 16-64 from Ipsos' Argentina online panel was interviewed online.